Financial / Results – Page 99
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NewsBeazley reports 12% increase on gross written premiums for Q3
The London market insurer shows a total $2.192m for gross written premiums in the first nine months of 2019.
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NewsAllianz hit by claims inflation and Ogden rate change
Combined operating ratio deteriorated in the third quarter as cost of parts and labour rose sharply
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NewsBarbon Insurance Group and Let Alliance complete merger
The combined business aims to offer protection and ancillary services to letting agents and landlords.
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NewsAXA reports 3% improvement in European revenue to reach €27bn
The multinational insurer additionally noted group-wide gains in its property and casualty portfolio within the first nine months of 2019.
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NewsRSA reports boost in underwriting profit despite financial market challenges
The London-based insurer shows improvements across its weather, large loss, attritional loss and controllable expense ratios for the past nine months.
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News'Don't foist LiP portal on the public until its ready', warns Minster Law chief executive
Despite approving of small personal injury claims being moved online, Shirley Woolham insists that customers’ interests must be at the centre of the new platform.
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News AnalysisInsurers warned they face threat of regulatory reserving probes
PRA warns of pressure on management to deliver results ahead of adequate reserving
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AgendaMore than just capital - the private equity firm seeking to grow its insurance portfolio
Insurance Times talks to the private equity firm with a hunger for insurance assets
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Online onlyWant to make more money out of schemes? Index reveals most profitable lines
Public liability insurance offers highest renewal commission. Meanwhile, cyber is up and coming as a product bringing good profits to brokers, but more needs to be done to improve understanding
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NewsHiscox reports retail premium growth as rates remain flat
Retail performanced helped reduce the impact of a series of major claims during the last quarter
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Online onlyArron Banks slams former ally Farage as ‘dog in the manger’
Banks turns on Farage for undermining Boris Johnson
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Online onlyAIG still making underwriting losses despite lower cat claims
AIG cat claims lower by more than a billion but still remains in the red on underwriting
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Online onlySwiss Re reveals big hit on Thomas Cook collapse
Swiss reinsurance giant cancels share buybacks plans amid Thomas Cook losses and cost of cat disasters
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Online onlyGallagher reveals multi-billion dollar M&A firepower
Pat Gallagher and finance chief Doug Howell say plenty more acquistions on the cards following third quarter results
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Breaking News'Shocked and hurt' - Ex-Gallagher broker demands apology for racist and religious comments
Nawaf Hasan has called for his former employer to show ‘real contrition’
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NewsBroker buy boosts SRIL specialty capability
The deal will see SRIL acquire the Croydon-based broker, which places approximately £20m of premium into the UK insurance market
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AgendaBroker boss takes gentler approach to M&A
Mid-market broker aims to blaze the acquisition trail at its own pace
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NewsHastings shares fall again as claims issues continue to bite
Rising third party credit hire cost, repair costs and mid-range bodily injury costs accounted for the claims inflation
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NewsNew syndicate targets $1bn premium into Lloyd’s
The syndicate will focus on the specialist US high net worth market
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NewsMarkerstudy seeks fresh capital as it faces £217m repayment deadline
The insurer has six weeks to repay a loan to Qatar Re
